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Incomprehensibly manipulative instructor guilty of sex crimes against 12-year-old, authorities say

Incomprehensibly manipulative instructor guilty of sex crimes against 12-year-old, authorities say
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New Jersey County Liquidates Bitcoin Seized in 2018, Profiting Almost 300% – News Bitcoin News

New Jersey County Liquidates Bitcoin Seized in 2018, Profiting Almost 300% Individuals and companies are not the only ones who take advantage of the significant bitcoin prices surging across the board, despite recent pullbacks. In New Jersey, United States, a county yielded profits after liquidating seized cryptocurrencies during a drug investigation. Authorities Gained Control of the Cryptos in 2019 According to NBC New York, local authorities from Monmouth County got the bitcoin (BTC) during a raid in the context of an illegal narcotics distribution crackdown in 2018. Investigators found that such digital assets were part of the profits gained by the criminals due to its drug sales.

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Monmouth County NJ cryptocurrency seizure nets nearly $200K

The Monmouth County Prosecutor’s Office completed the forfeiture and liquidation of nearly $200,000 in cryptocurrency from a single case in 2018, the office announced Monday. That makes it the first state law enforcement agency to liquidate a cryptocurrency seizure, according to a release from the prosecutor s office. It follows another first: the office became the first New Jersey agency to make cryptocurrency seizures, once in 2017 and the assets from the 2018 case, the office said. In that latter case, the prosecutor’s office raided two places in Long Branch used by Giddel Gonzalez-Estrada. County detectives seized 500 grams of cocaine worth about $50,000, three vehicles, $32,000 in cash, a .22-caliber handgun and assorted material used for dealing drugs, the prosecutor’s office said.

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Bitcoin Seizure Makes 300% Profit for NJ Prosecutors – NBC New York

Bitcoin Seizure Makes 300% Profit for NJ Prosecutors – NBC New York
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Bitcoin Seizure Makes 300% Profit for NJ Prosecutors – NBC10 Philadelphia

enforcement strategies and practices necessary in the emerging new crypto world, Prosecutor Christopher Gramiccioni said. The Monmouth office said a forfeiture complaint was filed in 2019 following the suspect s guilty plea and sentencing on several drug charges. This will serve as an effective template for the state law enforcement agencies in the cryptocurrency market – a place where we can expect proceeds from crimes to continue to be concealed,” Gramiccioni said. The office s first cryptocurrency seizure, which has not yet been liquidated, was one year earlier, in 2017. Dubbed Operation Plastic Army, authorities busted 16 people for defrauding over a dozen financial institutions. Cryptocurrency assets valued at more than $200,000 were seized from a Colts Neck man at the time, and are now valued at more than $1.25 million.

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